Pi Network Takes Center Stage as Mainnet Launch Spurs Pi Coin's Remarkable Price Increase

Feb, 20 2025

The mainnet launch of the Pi Network on February 20, 2025, marked a transformative period for the project that has captured interest across the cryptocurrency landscape. Around 8:00 AM UTC, this event transitioned the Pi Network from its previous state as a closed test environment to a genuine decentralized blockchain, changing how Pi Coin is both perceived and traded.

As the mainnet became operational, the price of Pi Coin experienced an instant surge, rocketing over 35% in a short window. At its peak, Pi Coin briefly crossed the $100 mark before finding a more stable level. This impressive leap wasn't just a number game; it signified the network's shift from potential to reality. The possibility of external transactions became real, opening doors to exchange listings and greater legitimacy.

Exchange platforms quickly embraced the opportunity, with names like OKX, HTX, Bybit, and others officially listing Pi Coin. Even Binance, a major player in the cryptocurrency world, is gauging public sentiment through a community poll, scheduled to conclude by February 27, to decide on adding Pi Coin to its listings.

There are varied opinions on Pi Coin's fate on the open market. Analysts project that prices could range between $120 and $500, subject to demand and market liquidity. However, skepticism exists, with echoes of failed ventures like Hamster Kombat casting a shadow over Pi Network's optimistic narrative.

Despite these concerns, the project continues to show impressive engagement metrics. Pi Network boasts a whopping 3.8 million followers on X (the platform formerly recognized as Twitter) and has reached 110 million app installations, a testament to its extensive reach and impact.

The success of the Pi Network and its cryptocurrency relies heavily on continuous support from exchanges and a clear regulatory framework ensuring the project can operate without unforeseen restrictions. As speculation and interest continue to grow, all eyes are on how Pi Network navigates the volatile terrain of digital currencies.